The decision to embargo 10 properties, including the Bajo de Mina hydro plant, follows a complaint by Panamanian businessman Julio César Lisac, who charges that the Panamanian government unjustly canceled his right to the concession in 2006 and later gave it to Mr. Slim’s company, Panamanian newspaper La Estrella de Panama reported on Sunday

Slim’s Ideal also operates toll roads, water projects and public transport terminals in Mexico.

A commenter at the WSJ mentions that “had the exact same thing happen to him after he bought Comp-USA almost fourteen years ago now.” Here’s a link to that story.

The telecom bill is a tough blow for Mr. [Carlos] Slim. It forces mobile unit Telcel to complete calls from competing networks without charge, and establishes that domestic long-distance charges made by Telmex will be phased out starting next year. The bill also gives powers to the new enhanced regulator to set some phone rates of dominant players.